Thread List
First Page Previous Page Page 223 / 305 Next Page Last Page
Subject#Latest
14 18.10.06
2 17.10.06
13 17.10.06
1 17.10.06
1 17.10.06
10 17.10.06
3 17.10.06
13 17.10.06
4 16.10.06
1 16.10.06
2 16.10.06
8 16.10.06
16 16.10.06
1 16.10.06
6 16.10.06
3 16.10.06
1 16.10.06
5 15.10.06
3 15.10.06
8 14.10.06
4 14.10.06
10 14.10.06
6 13.10.06
1 13.10.06
2 13.10.06
6 13.10.06
9 13.10.06
6 13.10.06
1 12.10.06
6 12.10.06
3 12.10.06
17 12.10.06
1 12.10.06
3 12.10.06
3 12.10.06
9 11.10.06
1 11.10.06
10 11.10.06
16 11.10.06
6 10.10.06
4 10.10.06
2 10.10.06
1 10.10.06
6 09.10.06
3 09.10.06
3 09.10.06
8 09.10.06
2 09.10.06
3 08.10.06
2 08.10.06
First Page Previous Page Page 223 / 305 Next Page Last Page

Consulting or Contracting

 
#1 Consulting or Contracting
15/10/2006 20:49

Sam

Having worked in consultancies for a while I am thinking of striking it out as an independent contractor.

Any pointers, you get to keep most of the high bill rate that most consultancies charge appeals

Reply  Quote   
 
#2 RE: Consulting or Contracting
16/10/2006 22:06

Boxershorts to Sam (#1)

Hi Sam. Interesting question. I think, however, you may be simplifying it if you're looking at 'the high billing rate'. It's true that the distinction between consulting and contracting is becoming increasingly blurred.

Some would argue that it's only consulting if it involves a firm - probably a large one at that. Anything else is contracting.

On the other hand, there are plenty of independent consultants or small firms or two or three.

The big fees typically only go to the big firms, so the money angle is not necessarily a given. Your rates are likely to be significantly lower than the large firms - however good your output or experience is.

The other real consideration is maintaining turnover. A bigger firm usually has a good sales pipeline to keep its consultants busy. If you're independent, you generally have to do this yourself. And while you're looking, you're not working, and therefore not earning.

With the caveats above, the independent model is definitely workable. It can be quite effective if you network into a group of complementary skilled consultants/contractors and go into deals (where appropriate) on an associate basis. Even take turns to be the commercial lead on the engagement.

A tough decision, and I don't envy you making it. Hope you find what you're looking for.

B

Reply  Quote   
 
#3 RE: Consulting or Contracting
17/10/2006 07:35

prem_chander to Boxershorts (#2)

i am doing consultancy for gaint IT Clients I am thinking of striking it out as an independent contractor.

Reply  Quote   

Top of Page

ThreadID: 19580

Advertise
Your Jobs!